Derrick R.
Borrowing against brokerage account
First of all, I am in no way an expert at this, so please call me out if this sounds ridiculous! I'm looking for info on the wisdom (or stupidity!) of borrowing against a brokerage account for RE investments. Basic...
John Chapman
Forming an LLC for multiple properties
I have over 10 properties with a partner. We are going to create an LLC. I first envisioned having an LLC that would have all the properties in our portfolio. When I saw my tax advisor/attorney, he said another opt...
Brendan Scherschligt
Purchasing Apartment Complexes Pros and Cons
Opinions on purchasing apartment complexes instead of multiple houses? I plan on eventually having both, but was curious about what you guys think the pros and cons are. So pros and cons of apartment complexes vs mult...
Brent M.
Estimating for repairs
When it comes to estimating repairs and square footage I see the property listed on sites at 2300sq ft but on the county site it's base BAS) sqft is about 1600 which is basically the living area I believe and not the ...
Max James
Help! Sagging Lintels Above Garage Door
I am currently under contract on this four family for a fantastic price. The only negative aspect of the entire building is with these sagging lintels on a load bearing wall at the rear of the building. This is not ...
Jonathan Buckelew
Benefits of getting my real estate brokers license
Hey everyone- do I saw a post earlier this week asking about any negative aspects to getting one’s RE license. One that stood out was the liability component. For example, being a licensed RE broker, you have to alway...
Will Sifert
Need some advice contacting home owners who are in pre pre foreclosure
Hi,
Through the local clerk of court's website I am able to go online and find all of the properties where the bank has just started the foreclosure process in the last week or so. I am exctracting the information an...
David Lee Hall, III
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.I have $85,000 available for a residential rehabilitation project. The attached deal is...
Ian S.
City storm drain behind potential property. Avoid?
Hi. We are considering purchasing a 3/2 SFH for BRRR. Numbers are there but there is a City storm drain behind the property. There is a chain link fence along the property line blocking access but pretty easily climb...
Randy Duke
ARV
I am looking to make offer on a house to wholesale and I found some comps in the same neighborhood for 140k, but subject house is near RR tracks and a commercial looking building.My question is how do you adjust for ...